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  • What's new in production


    Henry Terrell

    Is the price of natural gas too low? That depends on whom you ask. Ask the hungry man if the price of food is too low. Natural gas is cheaper than it’s been in 10 years, stockpiles are abundant, and we have a hundred years of reserves (supposedly). Good news for everybody who uses gas. At these prices, is gas now poised to move from a marginal to a primary fuel for utilities and industry? Burned by gas. In a video posted online a couple of months ago by ConocoPhillips (part of the company’s very fine “Speaking of Natural Gas” series), chief economist Marianne Kah addressed the issue in quite clear terms. She pointed out that with the advent of the Clean Air Act, there was a surge in construction of gas-fired power plants.

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